Multiple Choice
A federally-sponsored program which offers loan guarantees to create and expand businesses in areas with below-average income and high unemployment is called:
A) the Small Business Administration.
B) the Economic Development Administration.
C) SBIC.
D) the Farmers Home Administration.
Correct Answer:
Verified
Correct Answer:
Verified
Q28: Because private investors are willing to take
Q29: Under what circumstances should the small business
Q30: Urban Development Grants are used to construct
Q31: Trade credit,while more difficult to obtain than
Q32: Start-up companies often use trade credit from
Q34: A(n)_ is a private nonprofit financial institution
Q35: The Community Development Block Grants (CDBGs)are extended
Q36: Insurance companies typically make two types of
Q37: SBICs act as government-backed venture capitalists.
Q38: In a factoring arrangement,the risk of uncollected